GameSquare Holdings (FRA:MJ0) Cyclically Adjusted PB Ratio: 0.01 (As of Jul. 30, 2026) — 83% Below Median

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FRA:MJ0 GameSquare Holdings Inc FRA:MJ0
39 GF Score
Price €1.32
GF Value €1.03
! 6 Warning Signs
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What is GameSquare Holdings Cyclically Adjusted PB Ratio?

GameSquare Holdings FRA:MJ0 39 Cyclically Adjusted PB Ratio is 0.01 as of Jul. 30, 2026, which is 83% below its 10-year median of 0.06. GuruFocus rates FRA:MJ0 with a GF Score™ of 39/100 and a GF Value™ of €1.03. The stock has 6 warning signs investors should review. Among 347 Interactive Media companies, GameSquare Holdings ranks better than 99.71% on this metric.

As of today (2026-07-30), GameSquare Holdings's current share price is €1.32. GameSquare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was €135.72. GameSquare Holdings's Cyclically Adjusted PB Ratio for today is 0.01.

The historical rank and industry rank for GameSquare Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:MJ0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.06   Max: 0.28
Current: 0.01

During the past years, GameSquare Holdings's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.01. And the median was 0.06.

FRA:MJ0's Cyclically Adjusted PB Ratio is ranked better than
99.71% of 347 companies
in the Interactive Media industry
Industry Median: 1.47 vs FRA:MJ0: 0.01

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

GameSquare Holdings's adjusted book value per share data for the three months ended in Mar. 2026 was €0.125. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €135.72 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GameSquare Holdings  (FRA:MJ0) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


GameSquare Holdings Cyclically Adjusted PB Ratio Related Terms


GameSquare Holdings Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GameSquare Holdings's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GameSquare Holdings Cyclically Adjusted PB Ratio Chart

GameSquare Holdings Annual Data
Trend Mar15 Mar16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.08 0.08 0.04

GameSquare Holdings Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.03 0.04 0.03 0.01 0.01

FRA:MJ0 vs SNAL, GMHS, MSGM: Cyclically Adjusted PB Ratio Comparison

For the Electronic Gaming & Multimedia subindustry, GameSquare Holdings's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


GameSquare Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GameSquare Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GameSquare Holdings's Cyclically Adjusted PB Ratio falls into.


FRA:MJ0
39GF Score
GameSquare Holdings Inc FRA:MJ0
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GameSquare Holdings Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

GameSquare Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.32/135.72
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

GameSquare Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, GameSquare Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.125/330.2130*330.2130
=0.125

Current CPI (Mar. 2026) = 330.2130.

GameSquare Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 -37.500 238.132 -52.001
201606 -37.500 241.018 -51.378
201609 -40.500 241.428 -55.394
201702 78.579 243.603 106.517
201705 -1.174 244.733 -1.584
201708 -48.680 245.519 -65.473
201711 -3.038 246.669 -4.067
201802 319.000 248.991 423.059
201805 353.344 251.588 463.769
201808 158.919 252.146 208.122
201811 132.108 252.038 173.084
201902 113.162 252.776 147.829
201905 71.486 256.092 92.176
201908 -183.513 256.558 -236.198
201911 -173.386 257.208 -222.599
202002 -50.140 258.678 -64.006
202005 4.550 256.394 5.860
202008 0.020 259.918 0.025
202011 -2.325 260.229 -2.950
202102 0.951 263.014 1.194
202105 4.487 269.195 5.504
202108 3.316 273.567 4.003
202111 5.728 277.948 6.805
202202 4.512 283.716 5.251
202205 7.209 292.296 8.144
202208 3.923 296.171 4.374
202211 2.928 297.711 3.248
202302 1.252 300.840 1.374
202306 2.773 305.109 3.001
202309 2.494 307.789 2.676
202312 1.296 306.746 1.395
202403 1.169 312.332 1.236
202406 0.809 314.175 0.850
202409 0.637 315.301 0.667
202412 -0.086 315.605 -0.090
202503 -0.057 319.799 -0.059
202506 -0.123 322.561 -0.126
202509 0.637 324.800 0.648
202512 0.279 324.054 0.284
202603 0.125 330.213 0.125

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 0.01 mean?
GameSquare Holdings (FRA:MJ0) has a Cyclically Adjusted PB Ratio of 0.01 as of Jul. 30, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GameSquare Holdings and its competitors. This is 83% below median its historical median of 0.06. Over the past decade, GameSquare Holdings' Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.28. According to the industry distribution chart, GameSquare Holdings ranks #1 out of 347 companies in the Interactive Media industry, placing it in the top 0.3%.
Is GameSquare Holdings' Cyclically Adjusted PB Ratio too high?
GameSquare Holdings' current Cyclically Adjusted PB Ratio of 0.01 is 83% below median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.28. The Interactive Media industry median Cyclically Adjusted PB Ratio is 1.47. GameSquare Holdings' value of 0.01 is 99.3% below this industry median. Based on the distribution chart, GameSquare Holdings ranks #1 out of 347 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, GameSquare Holdings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does GameSquare Holdings' Cyclically Adjusted PB Ratio compare to SNAL and GMHS?
According to the Interactive Media industry distribution chart, GameSquare Holdings ranks #1 out of 347 companies for Cyclically Adjusted PB Ratio. This places GameSquare Holdings in the top 0% of its industry — outperforming the majority of peers. The industry median Cyclically Adjusted PB Ratio is 1.47. GameSquare Holdings' value of 0.01 is 99.3% below this benchmark. Historically, GameSquare Holdings' own Cyclically Adjusted PB Ratio has ranged from 0.01 to 0.28 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 1.47, GameSquare Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for an Interactive Media company?
The median Cyclically Adjusted PB Ratio among Interactive Media companies is 1.47, based on 347 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GameSquare Holdings's current Cyclically Adjusted PB Ratio of 0.01 is 99.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GameSquare Holdings and its competitors. For the Interactive Media industry, the median Cyclically Adjusted PB Ratio is 1.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GameSquare Holdings's current Cyclically Adjusted PB Ratio is 0.01, which is 83% below median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GameSquare Holdings stock overvalued right now?
GameSquare Holdings (FRA:MJ0) has a current Cyclically Adjusted PB Ratio of 0.01. The stock's GF Value™ is €1.03, compared to a current price of €1.32 — trading 28.2% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 0.01, which is 83% below median its 10-year median of 0.06 and 99.3% below the Interactive Media industry median of 1.47. GameSquare Holdings' overall GF Score™ is 39/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For GameSquare Holdings (FRA:MJ0), the current Cyclically Adjusted PB Ratio is 0.01 as of Jul. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is GameSquare Holdings (FRA:MJ0) Overvalued in 2026?

Based on GuruFocus' analysis, GameSquare Holdings stock appears to be overvalued. The current stock price of €1.32 is trading 28.2% above its estimated GF Value™ of €1.03.

Key valuation signals for FRA:MJ0:

  • Cyclically Adjusted PB Ratio: 0.01 (83% below median its 10-year median of 0.06)
  • GF Value™: €1.03 vs. price of €1.32 (28.2% above fair value)
  • GF Score™: 39/100 with 6 warning signs
  • Industry Position: 99.3% below the Interactive Media median (#1 of 347)

No single metric tells the full story. See the FRA:MJ0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GameSquare Holdings Business Description

Other Exchanges GAME:USA
Address 6775 Cowboys Way, Suite 1335, Frisco, TX, USA, 75034
GameSquare Holdings Inc is a vertically integrated digital media, entertainment, and technology company focused on gaming and youth culture audiences. The company operates through four reportable segments: Owned and Operated IP, Agency, SaaS and managed services, and Yield. It provides services including influencer marketing, esports talent management, creative production, merchandise and consumer products, live streaming analytics, and digital media solutions through its various brands and platforms. It generates the majority of its revenue from the Agency segment.
39GF Score

Get the complete analysis for FRA:MJ0

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.32
Price
€1.03
GF Value